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    Financial Reporting Manager - South East London, United Kingdom - Ambition Europe Limited

    Ambition Europe Limited
    Ambition Europe Limited South East London, United Kingdom

    3 weeks ago

    Ambition Europe Limited background
    Description
    NEWLY created Financial Reporting Manager role now available in London based law firm.

    As the Finance Reporting Manager, you will manage a team to plan and deliver the firm's budgeting, forecasting, financial accounting and reporting.

    You must be a qualified accountant with a minimum of 5 years PQE (ideally all at manager level) and legal sector experience is essential.


    Specific duties include:
    Review and publish monthly management accounts and associated reports within agreed timescales
    Review and publish monthly cashflow and P&L forecasts
    Meet with budget holders to prepare and agree annual revenue and expenditure budgets
    Review and publish monthly expenditure reports (opex and capex) to relevant budget holders
    Take full ownership of the general ledger, ensuring data integrity through the regular review of transactions and by providing guidance to finance and non-finance staff
    Perform and review general ledger accounting for accruals, provisions, prepayments, fixed asset depreciation and internal recharges
    Ensure that the firm's balance sheet accounts are regularly reconciled, including its bank accounts (daily), accruals, provisions, fixed assets and prepayments
    Review and publish other recurring reporting to relevant stakeholders (e.g. weekly utilisation reports, quarterly TME reports, quarterly CP/MP reports)
    Prepare and present insightful ad-hoc financial management information to support our legal group heads and other partners in leading their practices (e.g. presenting at team away days)
    Analyse and publish performance in relation to the fee earner bonus scheme
    Review and publish performance in relation to various individual consultancy commission agreements
    Conduct profitability analysis at team, partner, client and matter level (including matter post mortems)
    Review and provide financial information for legal press surveys, new business pitches, panel reviews and for other marketing purposes
    Review and publish annual statutory accounts and corporation tax returns
    Review and publish other external reporting information (e.g. ONS returns, payment performance reporting, carbon reporting)
    Review and oversee all direct to client reporting
    Provide reporting support to the revenue and cashiering teams
    Oversee all other internal and external reporting delivered by the reporting team
    Maintain the firm's compliance with applicable HMRC legislation, Solicitors' Accounts Rules and accounting standards
    Meet with budget holders to analyse and review expenditure
    Help the firm to manage and reduce it lock up by promoting best practice and through the provision of appropriate targeted reporting
    Manage the year-end financial audit
    Identify and address financial risks and opportunities
    Review and validate office and client payments
    Play an active role in the firm's practice management system replacement project to ensure that all of the firm's reporting needs are met
    Manage, support, train and develop the reporting team
    Design and deliver best practice financial training to fee earners and partners
    Build relationships with key stakeholders across the business
    Work closely with the Financial Systems team, IT department and other support departments to design and deliver solutions, automating where possible

    Experience needed:
    An experienced finance manager
    A qualified accountant (ACA, ACCA, CIMA) with 5 years PQE gained within the legal sector
    A good understanding of the Solicitors' Accounts Rules
    Good knowledge of VAT and partnership tax
    Strong leadership and communication skills
    Experience of managing and developing a team
    Advanced MS Excel skills

    If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role.

    Terms & Conditions Apply.


    https:
    //refer-a-friend

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